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Hewlett Packard Enterprise reports last quarter

No relationship with HP Inc. (which provides printers and MFPs)

  • For last quarter, total revenue was up 17% to $7.9 billion
  • Annual recurring revenue (ARR) up 17% to $936 million
  • Total as-a-service orders up 33%
  • GAAP gross margin of 32.9%
  • Intelligent Edge division revenue up 18% to $965 million
  • High Performance Computing & AI revenue down 14% to $862 million
  • Compute revenue up 16% to $3.7 billion with 14.7% operating profit
  • Storage revenue up 4% to $1.3 billion with 15.9% operating profit

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